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by the bush administration first, and then, of course, were increased by the obama administration. it's important to recognize that the eslc report is not political in any way, shape or form. it endorses things that are heartily supported by the right , in some cases, and on the other hand that are supported by people on the left. it's important to recognize you can't just take the parts that you like. you have to take the wholistic approach, which is to, again, maximize u.s. production and to at the same time significantly reduce consumption partly by diversifying our transportation sector away from petroleum. now, the last thing i'll say before we sit down is it's important to recognize that petroleum use in transportation is the pivot point of this entire problem. about 70% of our 18.7 million barrel per day use of petroleum in this country is for transportation, and transportation is fueled about 93% of the time by petroleum. so if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues that that causes, particularly in an era whe
administration and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the pivot point of this entire problem. 70% of our use of petroleum in this country is for transportation. transportation is fueled about 93% of the time by petroleum. if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues, particularly in an issue when rising demand is creating a potential conflict for these resources, then you have to recognize transportation has to be diversified away from petroleum or the prices are set on the world market. canada and norway have been net petroleum exporters but they pay the same market price for a gal
to "morning joe." 6:25. a look at the "morning papers." "the new york times," the obama administration reportedly considering a variety of options to put an end to the violence in syria including sending direct aid and providing surface-to-air missiles to turkey. the decision to send missiles to turkey could come as early as next week according to "the times." >> "wall street journal," federal reserve likely to keep in place policy decisions made earlier this year in an effort to further boost the economy. in the fed ace latest report, says the economy grew at, quote, measured pace over the past two months, still the central bank hinted that -- i can't see. >> you've got to get those glasses on, donnie. poor guy. >> continuation of purchasing -- >> this is not a vanity moment, donnie. >> put the glasses on. you're not even on camera. oh, they're reading glasses. that was reading. >> that's why i'd never replace brian williams. >> yeah, it's just the glasses, really. "the detroit news," the auto industry has good reason to be optimistic despite the threat of the fiscal cliff. sales numb
that the obama administration loves to talk about which is government investment in green technologies. we keep hearing we can't concede the next decade of things like solar panel technology to the chinese, henceforth we have to invest in companies like sillinger. is that true? >> it's true, i think,a gross sense. the chinese have been pouring money into pharma and aerospace. the u.s. needs to sort of invest in this to stay even at least with the chinese. discussing mainly small, private startups. and i think a lot of these will spin out of the clean energy industry. sustained government investment in industries of the future, i think, is important. >> i was going to say if china is becoming more expensive because people are asking for higher wages, didn't we see the same thing when japan was a low-wage country, hong kong, isn't there always going to be a country like bangladesh with lower wages that production will shift, too? >> possibly, except china is so much a category of its own. the scale is the biggest in the world. the infrastructure is unique. you want to move things to burma, you ha
of this crisis unless we do that. are the past for many years, the obama administration has struck a deal with car companies to nearly double fuel efficiency by 2025. we have doubled production of clean energy, made historic investments and breakthrough technologies, launched a new international partnerships like the climate and clean air coalition to take aim at pollutants like carbon and methane that account for more than 30% of current global warming. that has grown from just six countries to more than 24 today. we are committed to continuing this hard, slow, boring work in order to take the practical effective steps necessary to tackle climate change. our focus is on results, not on today's's headlines, but on the trend line. we are after what works. we will continue to chase down every opportunity to move bit by bit, if that is what it takes. that is a model for a change happens today, from securing the rights of women to solving the issue of nuclear weapons. there is no substitute for that hard work, no replacement for diplomacy, and no alternative to american leadership. so certain
that washington doesn't have a revenue problem, it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. cann't know how any of us look our kids and grandkids in the eye
Search Results 0 to 5 of about 6

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